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🚨🇺🇸 TRUMP: “I want crypto, I think crypto is important because if we don’t do it, China’s going to.”
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🚨#SEC DECISION ON #LITECOIN ETF DUE MAY 5 🔹Bloomberg's James Seyffart flagged an imminent SEC ruling on Canary Funds’ Litecoin $LTC ETF. 🔹Notably, this filing wasn't among earlier delays, hinting at potential early approval. 🔹However, analyst still expects a delay, based on prior SEC patterns. 🔹Decision deadline: May 5, 2025.
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🚨$TRUMP : AUTHORIZING 100% #TARIFF ON #FOREIGN -PRODUCED MOVIES.
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🚨STABLECOIN #BILL FACES DEMOCRATIC PUSHBACK IN SENATE 🔹Schumer & Warren urged Senate Democrats to withhold support for the GENIUS Act. 🔹9 Democrats reversed course, shocking GOP aides and stalling progress. 🔹Concerns raised over treatment of foreign issuers like Tether and Trump-linked crypto ties. The GENIUS Act mandates: 🔹100% reserve backing for stablecoins 🔹Monthly reserve disclosures 🔹Annual audits for issuers with >$50B market cap 🔹Democrats demand stronger national security & AML provisions. 🔹Talks continue; bipartisan optimism remains for bill revision.
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🚨BITTENSOR $TAO BOOMS AS DECENTRALIZED AI GAINS TRACTION 🔹TAO token up ~60% in the past month amid rising AI-blockchain interest. 🔹Dynamic TAO (dTAO) upgrade and EVM compatibility boosted ecosystem appeal. 🔹Bittensor #rewards AI contributors with tokens based on useful intelligence. 🔹 Cøinbase listing increased liquidity and visibility. 🔹Competing projects #raised ~$200M, while Bittensor raised $0 VC. 🔹Subnets like Chutes showcase strong AI compute capabilities. 🔹Risks remain if subnets fail to achieve product-market fit or lose miner incentives. 🔹Institutional investors (DCG, dao5, Polychain) hold large TAO stakes and run validators.
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